Residential For Sale
2,072 Sqft - Wilson Ave, Cedar Rapids, Iowa 52404
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Description

This property is an incredible opportunity for any kind of investor. Two rental houses on one property. Double your rental income monthly. This very unique opportunity in the Cedar Rapids metro area. both dwellings have been COMPLETELY UPDATED!!. The property consists of a single family home (front of property) with three bedrooms and two bathrooms and an accessory dwelling unit (ADU) with two bedrooms and one bathroom (rear of property). There are two garages, both consisting of separate individual parking spaces. The opportunities are endless with the possibility of owner occupying one structure and leasing the other either on a short term basis or longer term, lease both structures, or use one as a work from home space. There is plenty of parking space.The property taxes you see are the total taxes of the two properties combined (information provided from city assessor site). The city recently combined the following two parcels into one new parcel to include all four structures: 143330100300000 (263 Wilson Ave) and 143330100400000 (265 Wilson Ave) are the parcel numbers showing on the assessor’s site currently. The new parcel parcel number is 143330102300000. Utilities are separate for each house structure, and the mailing address the utility company uses are 263 Wilson for front house and 265 Wilson for the ADU.

Property Description

This property is an incredible opportunity for any kind of investor. Two rental houses on one property. Double your rental income monthly. This very unique opportunity in the Cedar Rapids metro area. both dwellings have been COMPLETELY UPDATED!!. The property consists of a single family home (front of property) with three bedrooms and two bathrooms and an accessory dwelling unit (ADU) with two bedrooms and one bathroom (rear of property). There are two garages, both consisting of separate individual parking spaces. The opportunities are endless with the possibility of owner occupying one structure and leasing the other either on a short term basis or longer term, lease both structures, or use one as a work from home space. There is plenty of parking space.The property taxes you see are the total taxes of the two properties combined (information provided from city assessor site). The city recently combined the following two parcels into one new parcel to include all four structures: 143330100300000 (263 Wilson Ave) and 143330100400000 (265 Wilson Ave) are the parcel numbers showing on the assessor’s site currently. The new parcel parcel number is 143330102300000. Utilities are separate for each house structure, and the mailing address the utility company uses are 263 Wilson for front house and 265 Wilson for the ADU.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
202502308
Price:
$249,900
Beds:
5
Total Baths:
3
Baths:
3
Half Bathrooms:
0
Square Feet:
2,072 Sqft
Construction Year:
1895
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Active
Subdivision:
N/A
Features
Heating:
Natural Gas, Forced Air
Cooling System:
Central Air
Parking:
Detached Carport
Basement:
Full, Unfinished, Block
Exterior:
Fenced Yard
Construction:
Frame, Composit
Interior:
Breakfast Area, Cable Available
Address Map
Street Number:
263
Street:
Wilson Ave
Floor Number:
0
Longitude:
W92° 19' 54.6''
Latitude:
N41° 57' 20.3''
More Information
Office Name:
Skogman Realty Co.
Elementary School:
Grant Wood
Jr./Middle School:
Wilson
High School:
Jefferson
Directions:
Wilson Ave E of I-380, located on S side of Wilson between 3rd St SW and J St SW
Zoning:
Res
Lot Dimensions:
Irregular
LA1Agent Logon Name:
i2417
LA1Agent First Name:
Brad
LA1Agent Last Name:
Oppedahl
LO1Main Office ID:
ISCR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Brad Oppedahl
Skogman Realty Co.
Additional Details
Central Air
Full, Unfinished, Block
Fenced Yard
Frame, Composit
Breakfast Area, Cable Available
04/04/2025
Wilson Ave E of I-380, located on S side of Wilson between 3rd St SW and J St SW
Irregular